Care specialist Cambian set to float in London March 19, 2014 CARE homes and specialist schools operator Cambian is to join the London stock market in a float that is believed to value the firm at north of £500m. Cambian announced its initial public offering yesterday, after a rise in outsourcing from local authorities and the NHS has given the firm a major chance to expand [...]
How a Budget carbon tax freeze would affect SSE and Centrica March 18, 2014 A freeze to the carbon price floor looks increasingly likely in the Budget tomorrow, which would have mixed effects on FTSE 100-listed energy giants SSE and Centrica. There is pressure on the government to freeze – or even cut – this controversial tax on fossil fuel emissions, which some argue is making energy-intensive industries in [...]
Corporation tax: Why it’s workers who really pay when we squeeze firms March 17, 2014 WHEN One Direction (1D) weighed in on the corporation tax debate, calling on their fans to pressure George Osborne into “cracking down on company tax avoidance”, it was the clearest indication yet that business tax has become a popular issue. But what has not filtered through to the public debate is the question of who [...]
Odey joins illustrious group of investors backing biotech firm March 17, 2014 HEDGE fund guru Crispin Odey has added his name to a gilded list of investment royalty by taking a stake in biotech firm Circassia. Odey joins top fund veterans Neil Woodford, Sir Paul Ruddock and Paul Tudor Jones as a backer of the firm, which is developing a drug to make cat allergies a thing [...]
Corporation tax: Why it’s workers who really pay when we squeeze firms March 17, 2014 WHEN One Direction (1D) weighed in on the corporation tax debate, calling on their fans to pressure George Osborne into “cracking down on company tax avoidance”, it was the clearest indication yet that business tax has become a popular issue. But what has not filtered through to the public debate is the question of who [...]
Vectura taps market for £52m to help snap up asthma specialist March 13, 2014 RESPIRATORY drug company Vectura raised £52m yesterday to fund the purchase of a German asthma expert, making it the latest in a line of British biotech firms to tap the markets in recent months. Vectura, which makes inhalers to treat respiratory diseases, is spending a total of £109m to take over nebuliser specialist Activaero in [...]
Power steering March 9, 2014 What happens when Bernie Ecclestone leaves Formula One? HE IS one of Britain’s best-known chief executives, and over 40 years has transformed Formula One from an amateur pastime into a billion-pound business and the world’s most-watched annual sports series. Bernie Ecclestone has become a household name through his appearances on F1’s glitzy grid, and his [...]
Saving procrastination nation March 5, 2014 Melissa York on the internet blocking apps and downloads designed to save you from yourself ACTRESS Jennifer Saunders revealed this week that she’s seeking help from a hypnotist to combat her tendency to procrastinate while scriptwriting. Perhaps we should take a leaf out of Saunders’ book and try to do something about this collective bad [...]
The Black Cats won’t block City’s path to cup success February 27, 2014 BEN CLEMINSON AND BILL ESDAILE WITH THE BEST FOOTBALL AND RACING BETS FAILURE is unthinkable for Manchester City in Sunday’s Capital One Cup final against Sunderland – but they know as well as anyone that favourites don’t always win at Wembley. Last season’s FA Cup final is a perfect case study of David toppling Goliath after Wigan’s shock 1-0 victory [...]
BT’s clash over Sky Sports goes into extra time February 17, 2014 BT’S DISPUTE with BSkyB over the price and availability of Sky Sports on its YouView set top boxes will go into an epic eighth year following a court ruling yesterday. The Court of Appeal decided that the competition tribunal should re-examine its decision from August 2012, which stopped BSkyB being forced to offer Sky Sports [...]